Sec. 15.104. NOTIFICATION AND GUIDANCE ON ADOPTION OF CERTAIN FEDERAL LAWS OR REGULATIONS. The department shall promptly notify and issue guidance to all credit unions chartered in this state on the adoption of a federal law or regulation that:
(1) affects a power or authority conferred to credit unions under Section 123.003(a);
(2) takes effect immediately; and
(3) conflicts with state law.
Added by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 2 - Financial Regulatory Agencies
Chapter 15 - Credit Union Commission and Department
Section 15.101. Composition of Department
Section 15.102. Regulation of Credit Unions
Section 15.103. Study of Statutes
Section 15.104. Notification and Guidance on Adoption of Certain Federal Laws or Regulations